Hapoel Tel Aviv May Join EuroLeague as Permanent Shareholder for Up to €90 Million
Translated & summarized from Mako by baba
Hapoel Tel Aviv is reportedly being considered for a permanent EuroLeague franchise, which could cost between 50 and 90 million euros. This move would grant the club a stable spot in the competition, independent of athletic results. The EuroLeague plans to expand to 24 teams next season and potentially 28 by 2030.
The story in 5 lines · by baba
- Hapoel Tel Aviv may become a permanent EuroLeague shareholder for up to 90 million euros.
- The club is among six teams considered for permanent licenses starting in 2027.
- Permanent status would grant Hapoel Tel Aviv a stable place in the competition.
- The EuroLeague plans to expand to 24 teams next season.
- Partizan Belgrade and Crvena Zvezda will pay 1.5 million euros for temporary licenses.
Hapoel Tel Aviv is reportedly in contention to become a permanent member of the EuroLeague, potentially acquiring a franchise stake starting in 2027. According to an Italian report from "Gazzetta dello Sport," the club is among six teams being considered for permanent licenses as part of planned league restructuring. This would grant Hapoel Tel Aviv a stable place in the competition, independent of future performance or periodic renewals.
If successful, Hapoel Tel Aviv would join the existing 13 EuroLeague shareholders. The price for this permanent status is estimated to be between 50 and 90 million euros per club. The total influx from these new franchises is projected to be around 400 million euros, which would then be distributed among the current 13 shareholders, with each potentially receiving approximately 30 million euros.
Meanwhile, other teams are expected to continue with temporary licenses. Partizan Belgrade and Crvena Zvezda are reportedly set to receive three-year wild cards, similar to Virtus Bologna. These Serbian clubs would need to pay 1.5 million euros per season for their licenses, double the previous amount, plus 250,000 euros in legal fees.
The EuroLeague plans to expand to 24 teams next season, including two qualifiers from the EuroCup. Further expansion to 28 teams is anticipated by 2030, with the four teams holding three-year temporary licenses expected to receive preferential treatment in that process.
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